These guys have got all of their funding organised already - and then this result. Often there is a decent result and then a crap raise occurs.
Cato - I'm thinking a lot of the recent selling in the 545 to 555 range you are probably referring to was profit taking by placement recipients. If I am right - the weaker hands have already reduced their holdings significantly.
TERP was about $5.52 - I don't see why we should sit lower than that SP - especially helpful is that XEJ is up about 7 or 8% since then too.
If I am not wrong about this being a good result, a conservative target could be TERP plus 7% = $5.90, before factoring in any success beyond market expectations here.
GLTA
ann out. flowing!!!, page-16
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.76 |
Change
0.025(1.44%) |
Mkt cap ! $1.412B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.79 | $1.75 | $6.040M | 3.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20933 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 350 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |